Digest

Philips, the Dutch electronic giant, has recorded a net loss of £471m for the second quarter ending June 30, after sales dropped by 16 per cent compared with the same period last year.

Philips, the Dutch electronic giant, has recorded a net loss of &£471m for the second quarter ending June 30, after sales dropped by 16 per cent compared with the same period last year.

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Restaurant censured for ‘cocaine’ ad

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The Cinnamon Club, a London restaurant and private members club, has been censored by the Advertising Standards Authority (ASA) for implying that drug use is acceptable at the club. The press ad, which appeared in the Spectator and the New Statesman, showed two parallel lines of cinnamon coloured powder against a white background. At the […]

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